Selling Globally? Tax Tips You Need Now
The advent of ecommerce brought global selling to the masses. Buyers across the globe can now easily find your products thanks to online selling. Although...
In the U.S., sales tax is added onto the marketed price. Customers who go to a brick-and-mortar store are used to seeing a price of $99 knowing they will pay more than that for the product. In the European Union, however, Value Added Tax (VAT) is a tax on the perceived value of a product and is marketed as a component of the final price.